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๐Ÿ’ฅ๐Ÿ’ฅ๐Ÿ’ฅ๐Ÿ’ฅ Avalanche mass adoption: Avalanche Integrates With Stripe, Making It Easier To Add Funds To Core Wallet And Buy Crypto ๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€ Avalanche has forged a strategic integration with fintech leader Stripe, aiming to simplify the process of adding funds to the ecosystemโ€™s native Core wallet. By tapping into Stripeโ€™s onramp, users gain expanded options for purchasing assets on the Avalanche blockchain. With this integration, Core users can now conveniently add funds to their wallets using ACH, debit, and credit cards, enhancing accessibility and ease of use. Moreover, Stripeโ€™s fiat-to-crypto onramp widget has been seamlessly embedded into Avalancheโ€™s decentralized applications (dApps). This integration empowers customers in the US to effortlessly engage with decentralized exchanges, NFT platforms, and other Web3 wallets within the network. One notable outcome of Avalanche's collaboration with Stripe is the ability for Core users to purchase AVAX directly, eliminating the necessity for an exchange platform intermediary. Akash Gupta, head of consumer products at Ava Labs, highlighted the significance of bridging the gap between crypto and fiat, underscoring Core's role in facilitating seamless onboarding and broader consumer adoption of digital currencies for everyday transactions. Stripe views this partnership as closely aligned with its mission of democratizing access to the potential of web3, as expressed by John Egan, head of crypto at Stripe. This collaboration follows Stripe's recent announcement of reintroducing support for USD Coin (USDC) transactions, signaling its re-entry into the crypto space after temporarily discontinuing Bitcoin support due to its volatility concerns.

๐Ÿ’ฅ๐Ÿ’ฅ๐Ÿ’ฅ๐Ÿ’ฅ Avalanche mass adoption: Avalanche Integrates With Stripe, Making It Easier To Add Funds To Core Wallet And Buy Crypto ๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€

Avalanche has forged a strategic integration with fintech leader Stripe, aiming to simplify the process of adding funds to the ecosystemโ€™s native Core wallet. By tapping into Stripeโ€™s onramp, users gain expanded options for purchasing assets on the Avalanche blockchain.

With this integration, Core users can now conveniently add funds to their wallets using ACH, debit, and credit cards, enhancing accessibility and ease of use.

Moreover, Stripeโ€™s fiat-to-crypto onramp widget has been seamlessly embedded into Avalancheโ€™s decentralized applications (dApps). This integration empowers customers in the US to effortlessly engage with decentralized exchanges, NFT platforms, and other Web3 wallets within the network.

One notable outcome of Avalanche's collaboration with Stripe is the ability for Core users to purchase AVAX directly, eliminating the necessity for an exchange platform intermediary.

Akash Gupta, head of consumer products at Ava Labs, highlighted the significance of bridging the gap between crypto and fiat, underscoring Core's role in facilitating seamless onboarding and broader consumer adoption of digital currencies for everyday transactions.

Stripe views this partnership as closely aligned with its mission of democratizing access to the potential of web3, as expressed by John Egan, head of crypto at Stripe. This collaboration follows Stripe's recent announcement of reintroducing support for USD Coin (USDC) transactions, signaling its re-entry into the crypto space after temporarily discontinuing Bitcoin support due to its volatility concerns.

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๐Ÿ’ฅ๐Ÿ’ฅ๐Ÿ’ฅ Will $XRP Price Hold 100 SMA and Trigger a Fresh Increase? XRP Price Update: Consolidation Above $0.5450 Resistance XRP's recent surge propelled it past the critical $0.5450 resistance level, establishing a firm foothold. Presently, it maintains strength above $0.5250 and the 100-hourly Simple Moving Average (SMA), with a bullish trend line support at $0.5330. Current Status and Outlook: - Bullish Momentum: XRP exhibited strength after surpassing $0.520, echoing the positive sentiment seen in #bitcoin and #Ethereum . - Recent High: It peaked at $0.5571 before undergoing a corrective phase. - Support and Resistance: Immediate support lies at $0.5330, with key resistance at $0.5450. A breakout could lead to further gains towards $0.5570 and beyond. Potential Downsides: - Support Levels: Below $0.5330, additional support is found near $0.5250 and $0.5185. - Critical Support: A breach below $0.5185 might intensify selling pressure, targeting the $0.5065 support level. Technical Indicators: - MACD: Exhibiting signs of deceleration in the bullish zone. - RSI: Currently below 50, signaling a temporary shift in momentum. Key Points: - Strength Above $0.5450: XRP maintains resilience above the crucial resistance level, with potential for further upside momentum. - Critical Support and Resistance: $0.5330 and $0.5450 serve as pivotal levels to monitor for directional cues. Conclusion: XRP's price action reflects a consolidation phase following its breakout above $0.5450. Traders are advised to closely monitor support and resistance levels for potential trading opportunities. Source - newsbtc.com #CryptoTrends2024 #BinanceSquareTalks #cryptocurrency
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$ADA Price Underperforms: Can #cardano Catch Up with Other #altcoins ? Cardano (ADA) is struggling to surpass the $0.500 resistance zone, needing to stay above $0.480 support to initiate an upward move. Key Points: - ADA faces difficulty gaining momentum above $0.50. - Trading above $0.480 and the 100-hourly simple moving average. - A key bullish trend line with support near $0.480 is forming on the hourly ADA/USD chart. - Potential bullish momentum if ADA closes above $0.500. Price Analysis: - Cardano has attempted to recover from the $0.4620 zone but has lagged behind Bitcoin and Ethereum. The price surpassed $0.4750 and $0.480 levels but couldn't maintain momentum, peaking at $0.510 before correcting down to below $0.4980. Currently, ADA trades above $0.480 and the 100-hourly SMA, with a key support trend line near $0.480. Resistance Levels: - Immediate resistance: $0.4980.Major resistances: $0.510 and $0.5250. - A close above $0.5250 could trigger a rally towards $0.5450 and possibly $0.5650. Support Levels: - If ADA fails to break $0.4980, it may decline. Support levels are $0.485, $0.480, and $0.4620. Breaking below $0.480 could test $0.4620, with major support at $0.450. Technical Indicators: - Hourly MACD: Bearish momentum. - Hourly RSI: Below 50. - Major Support Levels: $0.4850, $0.4800, $0.4620. - Major Resistance Levels: $0.4980, $0.5100, $0.5250. For ADA to continue its upward trend, it must hold critical support levels and break through key resistances. Source - newsbtc.com #CryptoTrends2024 #BinanceSquareTalks
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๐Ÿš€๐Ÿš€๐Ÿš€ #bitcoin โ€™s recent price move is the โ€˜real deal market pumpโ€™ to $90K Bitcoin surged 14% over the past week, leading traders to anticipate a significant market rally, with no major correction expected until it reaches $90,000. Crypto trader "Roman" told Cointelegraph that the recent 21% correction from Bitcoin's all-time high of $73,738 to $58,000 on May 2 was necessary for future price increases. He pointed out a "bullish reversal pattern" in Bitcoin's chart, suggesting that Bitcoin won't consolidate again until it exceeds its March 12 high by at least 20%. Roman predicts Bitcoin will reach $90,000 to $100,000 before another correction. The bullish reversal was signaled by a spinning top candlestick on May 20, closing at $66,278. Currently, Bitcoin is trading at $70,140. The recent spike coincides with speculation that the U.S. SEC might approve spot Ether ETFs, boosting market sentiment. This is reflected in the Crypto Fear and Greed Index, which jumped to an "Extreme Greed" score of 76 on May 21. Reports indicate the SEC urged Ether ETF applicants to expedite their filings on May 20, contributing to the positive sentiment. Ledn's chief investment officer, John Glover, noted it was surprising to see Bitcoin's price rise alongside Ether due to the SEC news, as Ether ETF approval shouldn't directly impact Bitcoin demand. Glover expects some market volatility and profit-taking to push Bitcoin prices down from the $71,000 level in the coming days. Despite the positive outlook, traders are preparing for a slight dip before Bitcoin continues its upward trend. CoinGlass liquidation data suggests a 1% increase to $71,000 could trigger $766.73 million in short position liquidations, while a 1% decrease to $69,400 could result in $101.54 million in long position liquidations. Source - cointelegraph.com #CryptoNews๐Ÿ”’๐Ÿ“ฐ๐Ÿšซ #cryptocurrency #BinanceSquareBTC
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๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ JUST IN! Allegedly, #SEC is Preparing to Approve Spot #Ethereum ETFs ! According to Reuters, the US Securities and Exchange Commission (SEC) has requested corrections to the spot #EthereumETF filings from NASDAQ and CBOE, indicating a possible approval of these applications. Sources informed Reuters that the SEC might be ready to approve ETH ETFs. The SEC asked Nasdaq and CBOE on Monday to amend their applications for spot ETH ETFs, a sign that the regulatory body may be leaning towards approval, according to three individuals familiar with the process. The SEC is expected to decide on the applications filed by CBOE to list Ethereum ETFs from VanEck and $ARK Investments/21Shares by May 23-24. Unlike the detailed discussions held with exchanges and issuers for Bitcoin ETFs, the SEC had not engaged in similar conversations for Ethereum ETFs, leading some industry executives to anticipate a negative outcome. However, in a surprising development on Monday, SEC officials requested Nasdaq and CBOE to promptly update and amend their filings. Experts believe such requests for changes often precede approval. For ETH ETFs to commence trading, exchanges must approve both the S-1 applications of the issuing companies and the 19b-4 applications. Experts noted that, unlike exchange applications, there is no specific deadline for the SEC to decide on S-1 applications. This means it could still take several months before Ethereum ETFs start trading. *This is not investment advice. #CryptoTrends2024 #BinanceSquareTalks
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๐Ÿ’ฅ๐Ÿ’ฅ๐Ÿ’ฅ #Arbitrum ($ARB ) Breaks Above Resistance, Price Targets Monthly High Arbitrum (ARB) has surged above a crucial resistance level amidst the broader #cryptocurrency market rally observed in the past 24 hours. Currently trading at $1.15, ARB has witnessed a remarkable 17% price surge, echoing the 8% uptick in the global cryptocurrency market capitalization during the same period. Increased Bullish Activity - The heightened activity surrounding ARB is evident in its trading volume, which has surged to $1.04 billion, marking its highest single-day level since March 21. This surge in trading volume alongside price appreciation is typically interpreted as a bullish signal, indicating growing interest from traders. - Moreover, ARB's futures open interest has surged by 19% to $243 million, reflecting increased market participation as more traders open new positions. Price Prediction: Sustaining Bullish Momentum - Surpassing the resistance at $1.13, ARB's price now stands above its 20-day Exponential Moving Average (EMA) and its 50-day Simple Moving Average (SMA). This bullish crossover suggests positive short-term and medium-term price movements, signaling upward momentum. - With ARB's Relative Strength Index (RSI) at 57.12, indicating an uptrend and a preference for accumulation over distribution, the altcoin's price may potentially reach $1.17 if the current accumulation momentum persists. - However, exhaustion among buyers could lead to bearish pressure, pushing ARB's price back below resistance and potentially down to $1.09. As the market dynamics unfold, maintaining bullish momentum will be critical for ARB's price trajectory. Source - beincrypto.com #CryptoTrends2024 #BinanceSquareAnalysis
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